Chip giant Nvidia’s stock price has tumbled amid reports that its board of directors is meeting to consider the future of CEO Jensen Huang.

Nvidia shares fell 8.6 percent in after-hours trading on Wednesday as questions swirled over Huang’s position at the top of the $4.2 trillion company.

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The plunge comes after The New York Times, The Wall Street Journal and the Financial Times reported that Nvidia’s board of directors would discuss Huang’s position amid revelations he engaged in an extramarital relationship with an Nvidia employee, in addition to an affair with a woman accused of working with Chinese intelligence services.

Nvidia did not immediately respond to Al Jazeera’s requests for comment.

This is a developing story.